NewMarket
NEU
244 hedge funds and large institutions have $3.05B invested in NewMarket in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 88 increasing their positions, 76 reducing their positions, and 22 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 76
7% more capital invested
Capital invested by funds: $2.87B → $3.05B (+$186M)
9% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 22
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.18% less ownership
Funds ownership: 57.05% → 56.87% (-0.18%)
2% less funds holding
Funds holding: 249 → 244 (-5)
33% less call options, than puts
Call options by funds: $4.8M | Put options by funds: $7.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$311M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$57.1M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$5.34M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$5.12M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$48.7M |
| 2 |
Millennium Management
New York
|
-$10.7M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$10.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.92M |
| 5 |
Renaissance Technologies
New York
|
-$9.55M |
NEU Hedge Fund Activity: Q1 2017 in Review
244 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2017, worth a combined $3.05B — up 6.5% from $2.87B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NEU positions and 22 closed out — a net gain of 2 holders — while 88 added to existing stakes and 76 trimmed.
The largest buyer was BlackRock, adding an estimated $311M. The largest seller was Bank of America, cutting an estimated $48.7M.
- 244 institutional investors held NewMarket (NEU) as of Q1 2017, down from 249 in Q4 2016.
- Funds reported $3.05B of NewMarket stock for Q1 2017, up 6.5% quarter-over-quarter.
- 24 funds opened new NewMarket positions in Q1 2017 and 22 closed out, a net change of +2 holders.
- The largest NewMarket buyer in Q1 2017 was BlackRock, an estimated $311M added.
- The largest NewMarket seller in Q1 2017 was Bank of America, an estimated $48.7M sold.
Based on aggregated 13F filings for Q1 2017.